What are FDD Registration States?
As a franchisor or franchisee, it’s imperative to identify what is franchise registration states—jurisdictions requiring specific regulatory compliance before you can sell or buy a franchise. This article cuts straight to the chase, detailing these states, outlining the registration process, fees, and the all-important Franchise Disclosure Document (FDD). Stay tuned for a roadmap through the […]
What is a Franchise Operations Manual?
What is a franchise operations manual? Simply put, it’s the essential playbook that ensures every franchisee replicates the franchisor’s brand, processes, and standards across all franchise locations. This critical document lays out everything from daily operations to branding guidelines and legal requirements, emphasizing its role in ensuring consistency, quality, and compliance across all franchise locations. […]
Food Franchises – What to Know
The statistics on hunger are quite telling. For example, 1 out of every 1 person must eat each day. Okay, that number isn’t too surprising. But it does illustrate the lucrative nature of the food franchise industry. Despite its potential, you can still benefit from a guide for selecting the best fit. You’re in the […]
Can a Franchisee Terminate a Franchise Agreement?
Most franchise agreements yield positive results. For both a franchisee and franchisor. But as with any business relationship, there may arise a need to terminate the contract. Don’t worry, it happens. We’ll outline the two common ways this occurs and offer advice on ending it peacefully. That’s surely what you want. Keep reading to remove […]
Franchise Relationship Laws
Too many hands in the cookie jar prevent everyone from eating their fill. Okay, what does this analogy have to do with your franchise? Plenty. Recent laws have affected the relationship between you and potential buyers. But there is a way to meet them and still enjoy profits. We want to educate you and reveal […]
What is a Franchise Business Review and Do I Need One?
Businesses that conduct internal audits win. Whether to gain financing or improve services, this act is vital. With it, you can achieve high franchisee satisfaction. And receive positive ratings from those who visit your operation. We want to equip you with the necessary steps to follow. So you don’t have to waste valuable time on […]
How Much Do Franchise Owners Make?
In 2016, Michael Keaton portrayed Ray Croc in a movie titled, “The Founder.” McDonald’s is a household name. And the inspiration fueling many franchise owners. After all, who doesn’t want to obtain that level of success? But starting off, the ideal first step is to be realistic. Learn how much franchise owners make. Then start […]
Gas Station Buyers: Franchise or Independent? What to Know
Despite a push for fully-electric and hybrid vehicles, gasoline use remains high. Especially when you have to shell out an average of $66,000 for an EV. Ouch. Savvy entrepreneurs like yourself understand this. And are entertaining the thought of buying a gas station. The only question is, independent or franchise? By the end, we hope […]